Only if they cannot provide services to you that were paid for.
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
Even if the collection company goes bankrupt, you still owe the bank whatever money you borrowed from them. The bank hires the collection company to get that money, so you still owe them
they can take you to court, remove your unessential furniture - like your tv and hi-fi, they could demand you be declared bankrupt, if it is a government debt or a utility debt they could even arrest you. But even if you have little money, you can offer than
the corporation
Yes.
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
You will still owe the restitution to SOMEONE. In any bankruptcy there is a receiver who handles the apportionment of debts and assets. Your restitution payment would be considered an asset to the bankrupt company and, unless the bankruptcy court discharged your debt, you would probably have to continue to pay the full amount due.
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
i can negotiate with customers who owe money to your company this helps them from going flat broke or bankrupt by doing this collections i will be a asset to your company and i will be profitable to this company . i can use my professional expertise to get customers to pay their bills so that they wont owe any more to your company by giving them a payment agreement making sure that if they cant afford to pay the full debt that they can pay what they have until the bill is fully paid for.
can a debt collector refuse payment after it is offered after being swiched from one company to another and not being 30 day notice
Even if the collection company goes bankrupt, you still owe the bank whatever money you borrowed from them. The bank hires the collection company to get that money, so you still owe them
they can take you to court, remove your unessential furniture - like your tv and hi-fi, they could demand you be declared bankrupt, if it is a government debt or a utility debt they could even arrest you. But even if you have little money, you can offer than
A document recording a liability or allowing for the payment of a liability, or debt. A voucher would be held by the person or company who will receive payment.
bankrupt
To be in debt or bankrupt
the corporation